Fortum reported an adjusted operating profit of EUR 336 million for the fourth quarter of last year. This compares with EUR 355 million in the corresponding quarter a year earlier, but analysts had, on average, expected a profit of EUR 274.5 million, according to Bloomberg.
Sales rose marginally to EUR 1,444 million, up from EUR 1,435 million a year earlier.
The board of directors proposes a reduced dividend of EUR 0.74 per share, compared to EUR 1.40 per share last year.
